James Halstead Share Discussion Threads

[elmfield] 28/11/2016 13:43

Remember,
Nice and slow plod plod.

[wad collector] 28/11/2016 13:26

Maybe going to challenge last yrs ATH after all?

[wad collector] 25/11/2016 14:21

Been buying Rolls Royce and watching Tate and Lyle. I think the utilities are undervalued too. Not saying these are not a good hold , but I like to work my money a bit sometimes.

[gripfit] 25/11/2016 10:59

what bargains are you seeing wad ??

[wad collector] 24/11/2016 12:45

Change of plan , sold half at 487 , couldn't resist bigger bargains elsewhere.

[elmfield] 22/11/2016 18:32

Good to see a bot of hardening of share price.
Put a higher floor under it? !

[wad collector] 05/10/2016 10:32

Thanks for that link. There is a recurring theme to the broker notes. I sold out last yr as the share price looked ahead of itself to me , then bought back this yr into weakness. Long term holding is most peoples policy here , but sometimes I cannot resist taking profits. £5 would tempt me again..

[bda3490] 05/10/2016 09:50

Could this cash-rich AIM stock wipe the floor with Rolls-Royce Holding plc?

[wad collector] 03/10/2016 23:01

Solid not spectacular. That will do. I like the last bit;

Outlook

We continue to have a large market share in the UK but the curbing of repair and renewal spending by the NHS was very noticeable in the first two months' trading of the new financial year. It would seem that refurbishment in the education sector too has seen reticence in this period, which is uncharacteristic. However, the UK represents only about a third of the business and the doubts over the economy in the weeks after the "Brexit" referendum seem to be lessening.

Moreover, far more important is the positive effect of a weakened sterling on both the competitiveness of our offering around the globe and on margins.

I remain optimistic for the coming year.

Mark Halstead

[elmfield] 03/10/2016 13:34

Happy to hold,
Nice aim isa core holding, worth every penny.

[lundhousegreen] 03/10/2016 07:52

Results day :))

[essentialinvestor] 31/8/2016 16:40

Yes very good call.

I consistently underestimate the multiple people are willing
to pay for JHD, however it is quality.

[wad collector] 31/8/2016 11:51

Your 460 prophecy just came true ; where next , Master?

[wad collector] 19/8/2016 16:03

Not quite there , but nice close to the week at a 6 month high.

[lundhousegreen] 01/8/2016 08:09

Pre-Close Trading Statement

James Halstead plc, the commercial flooring manufacturer and distributor, is providing the following trading update ahead of its final results for the year to 30 June 2016.

In the Chairman's statement announced on 31 March 2016, it was reported that the first half year profit before tax was 7.5% ahead of the prior year comparative but early trading in the second half was challenging. Nevertheless, the Chairman expressed he had every expectation of continued progress in the second half year.

During the majority of the year Sterling traded at a higher level than the prior year presenting challenges to our overseas turnover, which is in excess of 60% of total turnover. Just before the year end, late in June this reversed drastically, which bodes well for the new financial year.

Trading through to 30 June 2016 has been solid and profit before tax for the full year will be ahead of last year, in line with market expectations and at the highest level in the Company's history.

[warranty] 30/7/2016 19:23

If news is good companies usually can't wait to get it out so I hope there's no reason they'd delay it. Tipped in the Mail by Chris Hutchinson of the Unicorn Fund this morning so there may be an uptick on Monday so don't be misled.

[wad collector] 26/7/2016 09:26

Thanks . They must be playing cards close to their chest!

[rvsy38] 25/7/2016 19:21

wad collector
I spoke to the company secretary at the end of last week and understand there is usually a trading update at end of July with the half year results in September.

[elmfield] 25/7/2016 17:10

Quite a few smaller aim stocks have bounced since the lies of the remain camp impending
Calamities have not come true, yet?!

[wad collector] 25/7/2016 16:21

Can't find the date of the next update on the company website ; 16% bounce is quite impressive in last 3 weeks.

[rvsy38] 22/7/2016 09:17

I believe we are having a run up prior to the next trading update. Yesterday's volume was the second highest in the last 12 months. Just my opinion.

[wad collector] 22/7/2016 08:59

....Or maybe not , as some 415 buys have gone through. The MMs looking for a bit cut again though ; quoting a 5% spread.

[wad collector] 22/7/2016 08:20

"Amateur chartist" is a tautology :-)

JHD is relatively illiquid so sometimes these apparent share price movements are just noise. Looks like yesterday's little rise might just have been one.

[wingrove4] 22/7/2016 08:11

The present weakness in the share is an opportunity to top up. I am a very amateur chartist and once a month I assess all my shares and the only share I own at the moment which is not overbought is JHD